1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.
1y ago
KUALA LUMPUR, Feb 26 (Bernama) -- Following a successful year generating RM654 million in sales, the International Construction Week (ICW) and the Malaysia International Building and Construction Industry Exhibition (BuildXpo) 2025 aim to achieve a projected sales target of at least RM700 million this year.
1y ago
By Karina Imran
KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended in negative territory on Monday after a lacklustre trading session in tandem with the downbeat performance in most regional markets.
1y ago
PUTRAJAYA, Feb 23 (Bernama) -- Putrajaya Holdings Sdn Bhd (PjH) is spending more than RM106 million to upgrade its Alamanda shopping centre here, said its chief executive officer (CEO) Datuk Izwan Hasli Mohd Ibrahim.
1y ago
KUALA LUMPUR, Feb 22 (Bernama) -- Bursa Malaysia’s main index is expected to trade within a range of 1,570-1,600 next week, due to a lack of fresh catalysts, an analyst said.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- RHB Banking Group has set a new target of RM90 billion for sustainable financial services (SFS) by 2027 from its earlier RM50 billion target by 2026.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Eco World Development Group Bhd’s net gearing is expected to remain healthy after acquiring the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd from the Employees Provident Fund’s unit Tanjung Wibawa Sdn Bhd for RM184.08 million, said two investment banks.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia trended lower in early trade today, weighed down by a lack of fresh catalysts and cautious sentiment as traders assess the prevailing trade tensions and inflationary headwinds.
1y ago
JOHOR BAHRU, Feb 13 (Bernama) -- Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and Sunway Integrated Properties Sdn Bhd have signed a strategic collaboration to develop the Bukit Chagar Integrated Development with an estimated gross development value (GDV) exceeding RM2.6 billion.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s property sector is expected to remain resilient in 2025, driven by sustained buying interest, a declining property overhang, and key catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Bahru-Singapore Rapid Transit System (RTS), said a research house.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia trimmed its losses at midday, supported by gains in telecommunication heavyweights amid persistent concerns about United States (US) inflation and President Donald Trump’s reciprocal tariff threat.